Short Interest in BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) Drops By 25.5%

BlackRock MuniYield Quality Fund II, Inc. (NYSE:MQT) was the recipient of a large decrease in short interest in the month of February. As of February 13th, there was short interest totaling 9,190 shares, a decrease of 25.5% from the January 29th total of 12,339 shares. Based on an average trading volume of 51,400 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 51,400 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On BlackRock MuniYield Quality Fund II

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Rivernorth Capital Management LLC increased its position in shares of BlackRock MuniYield Quality Fund II by 1.9% during the fourth quarter. Rivernorth Capital Management LLC now owns 1,476,073 shares of the investment management company’s stock worth $14,835,000 after acquiring an additional 27,868 shares during the last quarter. Sit Investment Associates Inc. grew its stake in BlackRock MuniYield Quality Fund II by 33.3% during the 4th quarter. Sit Investment Associates Inc. now owns 1,241,695 shares of the investment management company’s stock valued at $12,479,000 after purchasing an additional 310,525 shares in the last quarter. Raymond James Financial Inc. grew its stake in BlackRock MuniYield Quality Fund II by 10.1% during the 3rd quarter. Raymond James Financial Inc. now owns 674,204 shares of the investment management company’s stock valued at $6,762,000 after purchasing an additional 61,600 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in BlackRock MuniYield Quality Fund II by 8.7% during the 3rd quarter. Hennion & Walsh Asset Management Inc. now owns 359,217 shares of the investment management company’s stock worth $3,603,000 after purchasing an additional 28,715 shares during the last quarter. Finally, Karpus Management Inc. increased its holdings in BlackRock MuniYield Quality Fund II by 307.9% during the 2nd quarter. Karpus Management Inc. now owns 348,061 shares of the investment management company’s stock worth $3,355,000 after purchasing an additional 262,728 shares during the last quarter. 30.75% of the stock is owned by hedge funds and other institutional investors.

BlackRock MuniYield Quality Fund II Trading Up 0.0%

Shares of MQT traded up $0.01 during mid-day trading on Monday, reaching $10.30. 15,310 shares of the stock traded hands, compared to its average volume of 52,915. The stock has a fifty day simple moving average of $10.14 and a 200 day simple moving average of $10.02. BlackRock MuniYield Quality Fund II has a 12-month low of $9.05 and a 12-month high of $10.40.

BlackRock MuniYield Quality Fund II Announces Dividend

The company also recently declared a monthly dividend, which will be paid on Monday, March 2nd. Investors of record on Friday, February 6th will be paid a dividend of $0.051 per share. The ex-dividend date of this dividend is Friday, February 6th. This represents a c) annualized dividend and a yield of 5.9%.

BlackRock MuniYield Quality Fund II Company Profile

BlackRock MuniYield Quality Fund II (NYSE: MQT) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal obligations, including bonds, notes and other debt instruments issued by state and local governments across the United States. Its investment approach emphasizes high-credit-quality, tax-exempt securities aimed at preserving capital while delivering tax-advantaged income.

Managed by BlackRock Fund Advisors, a subsidiary of BlackRock, Inc, MQT leverages the firm’s experienced municipal bond team to conduct credit research, portfolio construction and risk management.